Credit money is currency.
Base money is finality.
Credit money stabilises short-term.
Base money in fixed supply long-term.
#Bitcoin is the best base money candidate mankind ever had.
Bitcredit challenges #Bitcoin's mainstream consensus:
- Bitcoin can become an medium of exchange.
– Bitcoin as savings tech is vulnerable to fiat powers.
– Bitcoin needs a commercial 'real' credit layer.
– Bills of exchange can return as digital instruments.
– Real trade can back Bitcoin's credit to be currency.
– Businesses, the real economy, can adopt Bitcoin.
Ich bin Bitcoiner und kann als Nationalökonom sehr wohl begründen, dass und warum Bitcoin 100% als richtiges Geld funktionieren wird.
Das Erforderliche funktioniert schon im Prototyp und wird gerade fertig entwickelt.
Mainstream Bitcoiner verstehen es vielleicht nur intuitiv, aber sie verstehen damit mehr als die vielen Neinsager.
Stop waiting for legacy finance to catch up with the future. ⏳
We’re thrilled to welcome @HubertusVIE to the Lugano Plan ₿ Forum! As the mind behind Bitcredit, Hubertus is building the P2P credit infrastructure that allows a Bitcoin-standard world to actually operate without the fiat crutch.
📍 Plan ₿ Forum | Oct 23–24
It’s a crazy project to try and turn Bitcoin into a Medium of Exchange.
Lots of work. Lots.
Lots of unknowns.
Whack one mole, next pops up.
Traps and obstacles everywhere.
If it succeeds, it will change the world.
@bitcr_org
Please read carefully.
The Bitcredit Protocol is often confused with companies that offer Bitcoin-collateralised fiat loans.
They could not be more different.
Bitcoin-Collateralised Loans
These are fiat loans issued by state-regulated lenders.
Nothing about them escapes the fiat system.
- You hand over your Bitcoin as collateral, but the loan you receive is still fiat.
- The loans primarily serve wealthy Bitcoiners’ consumption, not production.
- High interest rates slowly eat away at your Bitcoin.
- If markets turn, your Bitcoin can be taken from you.
- In reality, it’s no longer truly your Bitcoin.
- You remain fully inside the foul fiat framework.
Nothing changes.
Bitcredit Protocol
Bitcredit is not a company. It is a software protocol for real economic credit—without banks, without lenders, without fiat.
- Credit is simply deferred payment between free companies, not issued by a provider.
- Businesses gain a powerful new liquidity mechanism, fully inside the Bitcoin economy.
- Every credit is backed by real goods (real proof-of-work) and secured by the payer’s actual wealth under global bill of exchange law.
- Credit is denominated and redeemable in Bitcoin. No more fiat, ever.
- Credit is used 100% for production, no exceptions, which means the Bitcoin economy grows faster than fiat economies.
- Discount rates are set by the free market, not a centralised lender.
- Financing becomes the lowest-cost option available.
- The system is either self-custodial (counterparty risk) or non-custodial (issuer risk), NEVER custodial.
- These mechanics stabilise Bitcoin and push volatility below fiat levels.
Everything changes.
Satoshi Nakamoto Explains How Bitcoin Started
“I actually did this kind of backwards. I had to write all the code before I could convince myself that I could solve every problem, then I wrote the paper.”